What do antitrust laws enable the government to do?
a. Break up large firms into smaller ones
b. Acquire a controlling percentage of large firms
c. Require firms to sell off profitable operations
d. Block all mergers and acquisitions by foreign firms
a. Break up large firms into smaller ones
Antitrust laws enable the government to break up large firms into smaller ones.
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During an economic recession,
A) the demand and supply curves for loanable funds both shift to the right and the equilibrium interest rate usually rises. B) the demand and supply curves for loanable funds both shift to the left and the equilibrium interest rate usually falls. C) the demand curve for loanable funds shifts to the right, the supply curve for loanable funds shifts to the left, and the equilibrium interest rate usually falls. D) the demand curve for loanable funds shifts to the left, the supply curve for loanable funds shifts to the right, and the equilibrium interest rate usually rises.
The entry of new firms into a monopolistically competitive industry will cause the long-run equilibrium price to rise
a. True b. False Indicate whether the statement is true or false